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You want to calculate the amount of money that must be deposited at the end of every three months into an account paying 6% compounded
You want to calculate the amount of money that must be deposited at the end of every three months into an account paying 6% compounded monthly to accumulate to $12 500.00 in ten years? Find p (the equivalent rate of Interest per payment period) Select one: O a. 0.015075125 O b. 0.006961062 OC. 0.0451794 d. 0.0171977 O e. 0.0048675506 You want to calculate what is the accumulated value of deposits of $2000.00 made at the end of every year for three years if interest is 6.00% compounded quarterly? Find p (the equivalent rate of Interest per payment period) Select one: O a. 0.00411637 b. 0.0187447 O C. 0.0185996 O d. 0.00248452 Oe. 0.0613636
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